Education
(B20)
IRS Verified
DX Registered
990 on File
MENTORS OF MINORITIES IN EDUCATION INC
Financial strength (30%)
83/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$1.2M
Total Revenue
$1.1M
Total Expenses
$309K
Net Assets
80
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.4%
Fundraising Efficiency
N/A
Operating Reserve
3.34x
Liability-to-Asset
54.2%
Revenue Diversification
72.2%
Executive Compensation
$84K
Compared with Peers
FY 2023
Compared with 11,226 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.4% | 84.5% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.6% | 13.0% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.3 mo | 8.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
54.2% | 23.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
72.2% | 90.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
24.1% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
11.7% | 11.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
9.1% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.2M | $1.1M | $309K | 89.4% | 80 |
| 2022 | $986K | $996K | $191K | 88.3% | 56 |
| 2021 | $686K | $726K | N/A | — | 43 |
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